GMC 0.00% 0.6¢ gulf manganese corporation limited

One of the most intriguing things about this report is that they...

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  1. 245 Posts.
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    One of the most intriguing things about this report is that they still have a milestone to commence DSO sales "during construction phase". ( Start early-mid July over 10 weeks)

    I think as a few people including myself have reported in the past they expected to get the approval once the smelters are on site. As stated in current Indonesian mining laws - must show significant progress with the building of a smelting hub. (Not the exact wording but have it in a previous post).
    Possibly get this approval July/August. They seem to be very sure of receiving the approval.

    I wasn't sure if they would proceed with this after 15m funding but great news that they are still going down the route to receiving revenue through DSO sales.

    Cheers guys
    Last edited by GunnerGecks: 20/06/18
 
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